Insignia Financial has provided an update on the status of its private equity bidders as an initial six-week due diligence period comes to an end. Both bidders have been granted an extra four weeks to ...

Having rejected the possibility of going ASX-listed, Mason Stevens’ CEO details why the wealth platform went down the private equity (PE) route and how it intends to accelerate its growth ambitions.

Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million as a result of the firm seeking to make North a preferred platform for financial advisers. In its results ...

First Sentier Investors is the latest investment manager to enter the ETF space, enabling financial advisers and investors to access an existing geared fund via an ETF structure. The global investment ...

Perpetual outflows have risen by 134 per cent from the previous quarter as the result of client mergers and rebalancing including $2.5 billion from Pendal Asset Management. In its latest quarterly ...

A former financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his gambling addiction. Anthony Del Vecchio pled guilty to 24 charges of obtaining ...

South Australian financial advice firm Calder Wealth Management (CWM) has announced a strategic partnership with a risk advice firm. CWM has formed a strategic partnership with risk advice firm Life ...

In its latest quarterly update, alternative asset manager MA Financial said it saw a 22 per cent increase in net inflows (ex institutional) to $444 million and is holding onto cash at historically ...

Commentators have said Australian fund managers are lacking in-depth knowledge compared with overseas peers when it comes to expanding their range with ETFs and underestimating the competition from ...

Centrepoint Alliance is acquiring the comprehensive advice review book from a wholly owned entity of Brighter Super, ESI Financial Services Pty Ltd. The Queensland-based super fund has about 280,000 ...

CoreData research has highlighted Australian financial advice practices are offering a range of services beyond just advice, with mortgage broking being the most common. Advisers are looking to ...

ASIC has suspended the Australian Financial Services Licence (AFSL) of a Melbourne-based financial advice firm. The AFSL was held by Beacon Wealth in Melbourne and would be suspended until 7 April ...